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Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents $ 360 Operating
Amounts are in thousands of dollars (except number of shares and price per share): |
Kiwi Fruit Company Balance Sheet | ||
Cash and equivalents | $ | 360 |
Operating assets | 750 | |
Property, plant, and equipment | 3,000 | |
Other assets | 160 | |
Total assets | $ | 4,270 |
Current liabilities | $ | 980 |
Long-term debt | 1,260 | |
Other liabilities | 170 | |
Total liabilities | $ | 2,410 |
Paid in capital | $ | 390 |
Retained earnings | 1,470 | |
Total equity | $ | 1,860 |
Total liabilities and equity | $ | 4,270 |
Kiwi Fruit Company Income Statement | |||
Net sales | $ | 8,000 | |
Cost of goods sold | (6,500 | ) | |
Gross profit | $ | 1,500 | |
Operating expense | (500 | ) | |
Operating income | $ | 1,000 | |
Other income | 155 | ||
Net interest expense | (200 | ) | |
Pretax income | $ | 955 | |
Income tax | (245 | ) | |
Net income | $ | 710 | |
Earnings per share | $ | 2.50 | |
Shares outstanding | 284,000 | ||
Recent price | $ | 26.00 | |
Kiwi Fruit Company Cash Flow Statement | |||
Net income | $ | 710 | |
Depreciation and amortization | 300 | ||
Increase in operating assets | (60 | ) | |
Decrease in current liabilities | (114 | ) | |
Operating cash flow | $ | 836 | |
Net (purchase) sale of property | $ | 195 | |
Increase in other assets | (72 | ) | |
Investing cash flow | $ | 123 | |
Net (redemption) issuance of LTD | $ | (170 | ) |
Dividends paid | (180 | ) | |
Financing cash flow | $ | (350 | ) |
Net cash increase | $ | 609 | |
Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit. (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
Price-book ratio | |||||||||||||
Price-earnings ratio | |||||||||||||
Price-cash flow ratio | |||||||||||||
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